(NEW YORK)Shares of radio station owner Cumulus Media Inc. jumped Tuesday, a day after it reported better-than-expected earnings, on a drop in interest expenses.READ MORE
(ATLANTA)Radio station owner Cumulus Media Inc. said Thursday its board of directors approved a $75 million stock buyback program. The program is for Class A common stock. The timing and ac...READ MORE
(NEW YORK)Shares of Cumulus Media Inc. plunged Monday after the radio station owner said its planned buyout had fallen through, although a Wachovia Capital Markets analyst said she was not s...READ MORE
(ATLANTA)Radio station owner Cumulus Media Inc. said Monday its pending buyout by an investor group that includes its chairman and chief executive has been terminated.READ MORE
(ATLANTA)Cumulus Media Inc.'s first-quarter loss widened as its interest expense increased, the radio station operator said Monday. The Atlanta-based company reported a loss of $4.2 mil...READ MORE
(NEW YORK)Arbitron Inc.'s new electronic ratings system for radio got a boost on Wednesday when broadcaster Entercom Communications Corp. announced an agreement to use the technology in 14 c...READ MORE
(NEW YORK)Analysts expect the national economic downturn to further erode the earnings of radio station operators, which are already suffering from a deteriorating listener base and softenin...READ MORE